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Dec 23, 2012
12/12
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you can have washington d.c. stepping in and more federal innervention than we have right now . with all of the stuff. pet projects and in a way to help victims of super storm sandy. was a big scare but no injuries. re we go again. a bill intended to aid super storm sandy victims . this has spending hawks peeves. explain your flip side. >> i have no problem but i will say it is more important to thwart than haggle in congress. i live in loir manhattan and we have seen problems with super storm sandy. we have businesses that are close not reopening and this is happening in areas hit by the storm. the vital thing is to get the money flowing and more important than congress hagsng. snurkswe need to swallow pork to get what we need. >> no, we don't. you look at sandy spending bill if dc got hit and not new york or new jersey . two weeks after cat can the hit the new orleans area. that area got money. we are still waiting because it is hung up by pork. you are seeing 3 billion to pair or fixnd new cars for the fbi and new trees in cemeteries and silly things like that. it is pretty b
you can have washington d.c. stepping in and more federal innervention than we have right now . with all of the stuff. pet projects and in a way to help victims of super storm sandy. was a big scare but no injuries. re we go again. a bill intended to aid super storm sandy victims . this has spending hawks peeves. explain your flip side. >> i have no problem but i will say it is more important to thwart than haggle in congress. i live in loir manhattan and we have seen problems with super...
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Dec 17, 2012
12/12
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FBC
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eye 74
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what if it wipe out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is a boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am not personally directing it at you this is government thinking spend the money for a second to rate stuff. >> you mentioned of local alert. we have to and include training for emergency workers say you are right. hours is not acceptable that w a failure but to still ve dealer system i appreciate the fact i got the alert that said take cover. john: thank you jamie barnett. my government projects may from dangerous chemicals. base steady if this dangerous to wash your hands with this so poor brush with this toothpaste. this toothpaste. their conclusion? the capital one cash rewardsard gives you 1% cash
what if it wipe out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is a boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am...
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90
Dec 12, 2012
12/12
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CNBC
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he is in washington, where he himself scaled the georgian columns of the fed building. he is here with a preview. steve, what can we expect from the final fed decision of 2012? >> as you know, brian, i run a spdr line from the monument. that's how we get up here. this is really a historic day, and i think the market really hasn't focused on it. the fed's balance sheet is really about to explode. you just gave the numbers. i want to do the math on the numbers really quickly. we're asking qe4 what today. the current purchases are $40 billion of mortgage backed securities. they're going to replace operation twist with $45 billion. add it up, that's a total of $85 billion a month. what happens when you annualize that? the existing level of the balance sheet is $2.8 trillion. the expected growth, 85 times the 12 right there. it's going to be up by a trillion by the end of the year if they maintain the pace. well, the level at the end of the year is going to be $3.8 trillion. compare that with the balance sheet before the crisis began of $800 billion. so we're going to add on
he is in washington, where he himself scaled the georgian columns of the fed building. he is here with a preview. steve, what can we expect from the final fed decision of 2012? >> as you know, brian, i run a spdr line from the monument. that's how we get up here. this is really a historic day, and i think the market really hasn't focused on it. the fed's balance sheet is really about to explode. you just gave the numbers. i want to do the math on the numbers really quickly. we're asking...
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Dec 21, 2012
12/12
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FBC
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it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work
it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with...
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Dec 13, 2012
12/12
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but one ceo is ratcheting up pressure on washington to get a deal done. let's bring in nick, ceo of snap on tools. he is in town for the yale summit. welcome. >> kb g to be with you. >> why is it so important to get a deal done specifically for your company. >> well, if we good over the fiscal cliff, it can't be good. and of course that ratchets up uncertainty. i think one of the things you can talk about the fed, talk about interest rates, but someone once said or someone said recently, it is a psychology, stupid. when we call on our customers, we see that most important thing is their psychology and getting a deal dpun would help that. >> how would that materially effect your company? would it change your hiring plans? >> i think it can. i think the thing do, if we go off the fiscal cliff, i don't know what depth of that effect would be, but couldn't be good. but we have seen that movie before. we went through recession probably the most whithering so i think ceos, at least our view of it is, is you have to have a good understanding of what are the long
but one ceo is ratcheting up pressure on washington to get a deal done. let's bring in nick, ceo of snap on tools. he is in town for the yale summit. welcome. >> kb g to be with you. >> why is it so important to get a deal done specifically for your company. >> well, if we good over the fiscal cliff, it can't be good. and of course that ratchets up uncertainty. i think one of the things you can talk about the fed, talk about interest rates, but someone once said or someone...
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Dec 25, 2012
12/12
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FOXNEWSW
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we just cover it merry christmas and happy holidays from all of us here in washington. >> thank you, bret. they started off as youtube sensations. ♪ ♪ ♪ >> then the piano guys, five dads from utah scored a major recording contract. joining us now with their incredible story are the piano guys. thanks so much for coming out here, guys. a year and a half ago you were all just a middle aged guys living in utah. >> we still are. >> i guess except for -- you are 27. you are the youngster of the group. the rest of you. a year and a half later a major recording contract. tell me, i just want to find out, steve, how has your world changed and how did this happen? >> it was spontaneous. miraculous circumstances. we're are all from five different walks of life. all of our lives crossed in a small piano store in a piano store owned by paul. wants to practice. there is a piano mover that happens to edit well. i move into this guy's street we start writing songs together it just sort of gelled. >> organically. do you things with instruments including the piano things we have never seen befo
we just cover it merry christmas and happy holidays from all of us here in washington. >> thank you, bret. they started off as youtube sensations. ♪ ♪ ♪ >> then the piano guys, five dads from utah scored a major recording contract. joining us now with their incredible story are the piano guys. thanks so much for coming out here, guys. a year and a half ago you were all just a middle aged guys living in utah. >> we still are. >> i guess except for -- you are 27. you...
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Dec 10, 2012
12/12
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it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do, whether we get a deal or not? are there two completely different strategies? >> there is various things on a similar attitude. big is not always good. i think what we are doing is consolidating and moving towards a smaller environment. i think we have smaller investors who can deliver returns. >> what do you mean by that? types of funtds they are investing in. >> that's correct. i will see many professionals from wall street leaving this side of the business. south side of the business and go to the buy side of the business. and expressing their invest many in the criteria. >> they have what kind of outcome or compr
it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do,...
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Dec 22, 2012
12/12
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neil: the class stuff in washington. it can be an impulse purchase. i can just add, the uncertainty. >> about the uncertainty, jobs. the more negative news, the democrats are republicans, it's just not good for business of the consumer psyche. >> a ways on the consumer sentiment. you don't need it. you saw last month for the first time consumer sentiment which have been building since the spring took a backward step by five points. that affects their psyche and attitude. the good news for us is we're in a od price point, not the high-end luxury ittem. we have a lot of accessible price points, so we are not as effective as a luxury rrtailer might be. neil: you guys find it odd that a lot of people are, i don't know how the numbers will bear this season, but they are not into it. we could look at the shooting last week, look at sandy one month ago, but there is something about this season where it is not connecting. >> first of all, we are today's further away than we were last year. last year we were to this for christmas, now four. in the consumer-2 h
neil: the class stuff in washington. it can be an impulse purchase. i can just add, the uncertainty. >> about the uncertainty, jobs. the more negative news, the democrats are republicans, it's just not good for business of the consumer psyche. >> a ways on the consumer sentiment. you don't need it. you saw last month for the first time consumer sentiment which have been building since the spring took a backward step by five points. that affects their psyche and attitude. the good...
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Dec 13, 2012
12/12
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you have to be in washington. >> you know what? i've been hearing some of the analysts say that is a powerful impetus to get a deal done. they don't want to be here for christmas eve, right? >> would the president negotiate from hawaii? he's supposed to go to hawaii on december 17th. >> they have telephones in hawaii, i can tell you. >> no credibility. you have to be in washington. america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state here in the country. someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling
you have to be in washington. >> you know what? i've been hearing some of the analysts say that is a powerful impetus to get a deal done. they don't want to be here for christmas eve, right? >> would the president negotiate from hawaii? he's supposed to go to hawaii on december 17th. >> they have telephones in hawaii, i can tell you. >> no credibility. you have to be in washington. america will not stand for that, for these guys being on vacation. >> nancy pelosi...
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Dec 19, 2012
12/12
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i want you to ignore everything that you've been hearing out of washington today because i think at the end, it means nothing. focus on this video because i think it's going to tell you everything. take a look. >> to begin the benefit finder, first answer all of the nine simple core questions that are essential to narrowing your results. you will find a program description, general requirements, and your next steps on how and where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to government benefits. neil: that's a youtube video on how you can log in to see how much the government can help you out. it's a menu for moreegovernment. benefits ala carte. after all, you're not paying for them. someone else is. now, we've given sheen to what amounts for government stuff. it's sort of like that ad that ran earlier this year, the benefit to food stamps in a feel-good radio commercial that probably would have made norman rockwell proud. remember this? >> look at margie, she looks amazing. >> she sure does. >> i wonder
i want you to ignore everything that you've been hearing out of washington today because i think at the end, it means nothing. focus on this video because i think it's going to tell you everything. take a look. >> to begin the benefit finder, first answer all of the nine simple core questions that are essential to narrowing your results. you will find a program description, general requirements, and your next steps on how and where you can apply. receiving the latest benefit information...
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Dec 16, 2012
12/12
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. >>> there are some developing news coming out of washington right now. house speaker john boehner has come up with a proposal, the president and democrats can accept to avoid the fiscal cliff? has he? we have the details on that. sandy hook elementary school had a security system that conducted lockdown drills. we'll talk to a security expert about what else could be done to help. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! capella university understands back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your ca
. >>> there are some developing news coming out of washington right now. house speaker john boehner has come up with a proposal, the president and democrats can accept to avoid the fiscal cliff? has he? we have the details on that. sandy hook elementary school had a security system that conducted lockdown drills. we'll talk to a security expert about what else could be done to help. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth...
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Dec 11, 2012
12/12
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CNBC
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while washington quarrels with itself, time for washington to put differences aside and put real compromise on the table. rise beyond disparity, rise past adversity, rise above. this is a cnbc special report "mission critical, rise above d.c." >> and the mission continues at 2:00 eastern time. welcome everybody i'm brian sullivan along with mario bartiromo. this is our special all day coverage live from capitol hill, mission critical, rise above d.c. after candid interviews with lawmakers all morning long, this is what we know now. just last hour representative lee terry, republican from nebraska tells us he feels like discussions on spending cuts are going backwards. early in the morning, democratic senator conrad, about to finish his term, sees says optimistic a deal will get done but would like to see a whole lot more added to it, a $4 trillion big deal, as he calls it. >> yes, he did. earlier this afternoon, a key word from speaker boehner. the recent silence from his office and the administration breaking down. listen to this. >> i'm hopeful we can reach an agreement. this is a serious
while washington quarrels with itself, time for washington to put differences aside and put real compromise on the table. rise beyond disparity, rise past adversity, rise above. this is a cnbc special report "mission critical, rise above d.c." >> and the mission continues at 2:00 eastern time. welcome everybody i'm brian sullivan along with mario bartiromo. this is our special all day coverage live from capitol hill, mission critical, rise above d.c. after candid interviews with...
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Dec 18, 2012
12/12
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CNBC
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with these interest rates and this fed, of course it's cheap but you still have the things going on in washington that is holding back everything. the question is, how much does it mean and what will it do and you're holding back people from the end of the year and the market will go down 2, 3%. >> much harder than that and the point that temper is making, stocks are cheap, the fed is your friend. your reaction? >> stocks aren't cheap. it's 12 times a number that is fantasy for next year. they are trading 15 times trailing earnings over the last 30 years the stock market is rich. so that would be point number one. point number two is that the fed is not your friend. the best periods for equity return is after the fed realizes policy, not when they have their foot on the gas. the late '40s and late '50s. i'm sure all of us will remember 1995, for example, after the fed inverted the yield curve, clinton and gingrich were threatening to shut down the government. green pan thought there was a chance that we were going into recession. but that was after they actually normalized policy. the same thing
with these interest rates and this fed, of course it's cheap but you still have the things going on in washington that is holding back everything. the question is, how much does it mean and what will it do and you're holding back people from the end of the year and the market will go down 2, 3%. >> much harder than that and the point that temper is making, stocks are cheap, the fed is your friend. your reaction? >> stocks aren't cheap. it's 12 times a number that is fantasy for next...
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Dec 20, 2012
12/12
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FBC
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it is a war of words over the fiscal cliff in washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it is very hard for them to say yes to me. gerri: what he stated that? >> it is incredibly sad and frustrating, that's what that is. the president, through the entire campaign, says wants a balanced aproach. we have increased spending from 2007 to 2012. $1 trillion. year over year. a trillion dollars. revenues at record highs. >> let's talk for a second about the republican response. gerri: white house is opposition for the backup plan. it is growing more bizarre and irrational by today. is this the kind of conversation that is going to get something done in wa
it is a war of words over the fiscal cliff in washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it...
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Dec 23, 2012
12/12
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FBC
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john: you fly them to washington d.c. because? >> the world war ii memorial was not built until 2004. of the last of the memorial's. 65 years later by that time the veterans are in their 80s or 90s and did not have the means financially are physically to make it. john: very few have seen it. >> amazingly many veterans have not flown since world war ii. honor flight completely raise as the money and wanted to thousand veterans have had a chance to see their memorial. >> it is to say o a veteran thank you even after 70 years we know what you did and to give someone that gift is amazing. john: you hear about this and you make a movie posted a reason dot com? >> my business partner posted the video on veterans day 2009. it bought 35,000 views but more e-mails than ever before to people say i am crying. this reminds me of my father or grandfather and what it means to be an american. we had to make a bigger move the. the next thing we knew we quit our jobs, restarted a company to make the film and once you go on the flight you understan
john: you fly them to washington d.c. because? >> the world war ii memorial was not built until 2004. of the last of the memorial's. 65 years later by that time the veterans are in their 80s or 90s and did not have the means financially are physically to make it. john: very few have seen it. >> amazingly many veterans have not flown since world war ii. honor flight completely raise as the money and wanted to thousand veterans have had a chance to see their memorial. >> it is...
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washington, we have a problem. don't think so? here's it's straight from the real guys behind this, after this. ♪ >> in is houston, say again, please. >> houston, we have a problem. we have a main bolt, we have a lot of thruster, activity, houston. just went offline. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poliip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. to the number 1 clubin th. the potential of manchester united unlock
washington, we have a problem. don't think so? here's it's straight from the real guys behind this, after this. ♪ >> in is houston, say again, please. >> houston, we have a problem. we have a main bolt, we have a lot of thruster, activity, houston. just went offline. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get between my dentures and my gum...
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Dec 16, 2012
12/12
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FBC
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were tied to the mortgage market and you wanted to hire really good people, would you base yourself in washington, d.c. and virginia? no, you wouldn't. we need these big salaries because we need to recruit top talent. go to manhattan. >> that is the point. if bailouts maintain the government center focus to our economy? >>es, and it's sucking the% whole economy and we're getting two or 3 percent growth. there are $200,000 jobs in north dakota in the oil field. i would tip into paying to move the bankers to north dakota. >> by the way, on bailouts in terms of banks, there are established procedures, if you have good collateral, you get a short term loan and get over the cash crisis. that is what they should have done in 20078 instead of putting in equity capital. >> neil: coming up next. >> kick the can road down the road for too long. >> we're not going to be able to solve it by kicking the can down the road and doing all the gimmicks in the past. >>> they say they don't wanted to kick the can but steve forbes that is exactly what washington should do. this is flip side. you do not want to miss.
were tied to the mortgage market and you wanted to hire really good people, would you base yourself in washington, d.c. and virginia? no, you wouldn't. we need these big salaries because we need to recruit top talent. go to manhattan. >> that is the point. if bailouts maintain the government center focus to our economy? >>es, and it's sucking the% whole economy and we're getting two or 3 percent growth. there are $200,000 jobs in north dakota in the oil field. i would tip into...
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124
Dec 26, 2012
12/12
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CNNW
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eye 124
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right now we're doing very well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you made a ton of money but actually quite a few of the companies that made, a lot of people lost their jobs, their livelihoods and lost money. to me the key question is do you know instinctively from your recollections how many of those companies that you went into would have failed anyway if you hadn't? >> well, there's no question but that a number of places where we went in and invested, we were investing in an enterprise that was in trouble, that -- where the future was very much in doubt for it and we invested in one busy think it lost 50 or $60 or more million the year before we invested and a l
right now we're doing very well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you...
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Dec 14, 2012
12/12
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CNBC
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i think this is the normal ebb and flow of washington negotiations. congress acts when there's a forcing event, when they have to act because the consequences are too drastic. we have two major forcing events, going over the cliff and congress's desire to get home for christmas. i think this could go to christmas eve but we'll get there. >> let me ask you one other question about the spending cuts. the president -- the republicans challenged the president to be specific on spending cuts, but the republicans themselves haven't been terribly specific. >> not at all. >> have they about what they would cut in spending? >> i think that's absolutely right. i kind of feel the republicans haven't been specific because they don't know. they can't agree on exactly what spending cuts they want. so they keep pumping it over to the president, but they're the ones asking for spending cuts. it seems to me it's incumbent on them to say what exactly they mean. >> so you're still in the camp that believes that we will have some sort of resolution to the short-term fisc
i think this is the normal ebb and flow of washington negotiations. congress acts when there's a forcing event, when they have to act because the consequences are too drastic. we have two major forcing events, going over the cliff and congress's desire to get home for christmas. i think this could go to christmas eve but we'll get there. >> let me ask you one other question about the spending cuts. the president -- the republicans challenged the president to be specific on spending cuts,...
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Dec 17, 2012
12/12
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CNBC
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but you still have the stuff in washington that's holding back everybody and everything. the question is how much does it mean and what will it do when you're holding back people from the end of the year because if it does blow up the market will probably go down 2% or 3%. >> that was david tepper earlier this morning on "squawk box" discussing his call on the market if we go off the cliff. he also taubed a lot if we don't go off the cliff, what could happen. he said in his words stock looks cheap relative to a rich bond market. you agree with tepper? >> absolutely. we were just talking about at the commercial is it's not just here in the u.s. there are things that are getting better internationally. china we talked about for several months now. i think europe the data points are getting no worse. i think that could be source for upside for 2013. imagine if you get this unknown here in the states plus all of this global liquidity. i think it's very powerful and positive. >> steve weiss, tepper whom i know that you know well says the obvious. in that d.c. could screw it al
but you still have the stuff in washington that's holding back everybody and everything. the question is how much does it mean and what will it do when you're holding back people from the end of the year because if it does blow up the market will probably go down 2% or 3%. >> that was david tepper earlier this morning on "squawk box" discussing his call on the market if we go off the cliff. he also taubed a lot if we don't go off the cliff, what could happen. he said in his...
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Dec 12, 2012
12/12
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meanwhile, a new poll out today on the cliff, economy and our leaders in washington. john harwood live at the wlous with more on that, john, over to you. >> reporter: sue, we will have full details tonight after 6:30 p.m. but for now, we've got one early release question which the results will not come as a surprise to anybody on our network because the desire by the public for law makers in washington to make a deal is very strong. when we ask people, do you want both sides to compromise on their positions, even if that means cuts in social security and higher taxes, or do you want them to stick to their position, 65% of the american people say they want both parties to compromise only 28% say stick to your positions. that is very consistent with the desire on wall street. and it is on main street as well, to get something done. and as you mentioned, sue, there has not been much external signs of a deal. though we did have an exchange of offers and that at least is something. >> indeed, john, it is. thank you very much. john harwood live at the white house. ty? >> su
meanwhile, a new poll out today on the cliff, economy and our leaders in washington. john harwood live at the wlous with more on that, john, over to you. >> reporter: sue, we will have full details tonight after 6:30 p.m. but for now, we've got one early release question which the results will not come as a surprise to anybody on our network because the desire by the public for law makers in washington to make a deal is very strong. when we ask people, do you want both sides to compromise...
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Dec 16, 2012
12/12
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FBC
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after all, no kids in washington ask the congressmen what laws did you repeal? it's congressman, what laws have you passed? so they pass and pass and laws pile up. for every one of these, there's an unintended consequence or several. the track record is clear. central planners failed in the soviet uni,, cuba, in america's public school systems, at the post office. central planning stops innovation, distorts the economy; yet, for all of that failure whenever another crisis hits, natural instinct is to say government has to do something. why don't we learn? because there are awless problems that must be solved. there are always politicians who claim to be problem solvers. they are so interested in our welfare. that's all they talk aboutment some went to harvard, so they must be so smart. we believe them, then, when they say, yes, we can. >> yes, we can. >> yes, we can. >> yes, we can. [cheers and applause] >> real life says they can't do things including free people. no, they can't. yes, they can pass a law, but the law does not solve the problem, but creates new
after all, no kids in washington ask the congressmen what laws did you repeal? it's congressman, what laws have you passed? so they pass and pass and laws pile up. for every one of these, there's an unintended consequence or several. the track record is clear. central planners failed in the soviet uni,, cuba, in america's public school systems, at the post office. central planning stops innovation, distorts the economy; yet, for all of that failure whenever another crisis hits, natural instinct...
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Dec 13, 2012
12/12
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FBC
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eye 64
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every time they are in washington, we, the taxpayers, get screwed." tom says, "sounds like boehner is about to give president obama the store. good-bye, america. not quite." that's all for us. thanks for being with us. good night from new york. ♪ [bleep] >> you heard the lady in there. >> i ain't nobody. >> [inaudible] >> get out of my face. [bleep] back off. [bleep] [inaudible conversations] neil: you've seen it, you wonder about it. unions unhinged, and the guy they unhinged here tonight. fox on top of unions doubling down and in michigan. their supporters far from correcting them try commending them. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. there will be repercussions. neil: so you think we have another wisconsin on our hands? what have i told you? this is not about right to work. this is looking more and more like right to whack. welcome, everybody. i'm neil cavuto, and whether you're for the michigan governor trying to make his the 24th right to work state right now, consider t
every time they are in washington, we, the taxpayers, get screwed." tom says, "sounds like boehner is about to give president obama the store. good-bye, america. not quite." that's all for us. thanks for being with us. good night from new york. ♪ [bleep] >> you heard the lady in there. >> i ain't nobody. >> [inaudible] >> get out of my face. [bleep] back off. [bleep] [inaudible conversations] neil: you've seen it, you wonder about it. unions unhinged,...
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Dec 13, 2012
12/12
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CNBC
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i don't think anybody wants to be in washington, d.c. for christmas dealing with this and i think that if we get to christmas and there's not a deal -- and they're not saying a deal will be done over the next couple of days, then i think you'll see people start to go buy options. i think the thing to watch to see if that happens is the vision. if the vix gets above 20, then we can see what's going on. >> you can always catch scott on options actions on friday afternoon. >> if you want comments on questions about anything you see here on "squawk box," e-mail us at squawk at cnbc.com or do the twitter thing. >> now you're like the recommended users. you should just tweet you direct. >> right. but you have had, what, 700 tweets, right? >> cramer, 26,000. >> carl like 8,000. >> carl is just -- he's a tweeting machine. >> puts pictures in and -- not like -- nice pictures, usually scenic pictures. still ahead, a former hockey great who went from superstar to down and out and now he's preaching fiscal responsibility. he's going to talk to us ab
i don't think anybody wants to be in washington, d.c. for christmas dealing with this and i think that if we get to christmas and there's not a deal -- and they're not saying a deal will be done over the next couple of days, then i think you'll see people start to go buy options. i think the thing to watch to see if that happens is the vision. if the vix gets above 20, then we can see what's going on. >> you can always catch scott on options actions on friday afternoon. >> if you...
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Dec 17, 2012
12/12
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we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome back. shares of sprint today dropping today after the telecom giant announced the remaining stake it does not own. sprint is one of the best performing stocks in the s&p 500 this year. is there still room to run for the stock or are you better off with larger competitor verizon? on
we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national....
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52
Dec 21, 2012
12/12
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CNBC
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eye 52
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half as the economy teethers on the edge of the fiscal cliff we have the trade you need to make if washington sends us over. we'll zero in as well on one of the best trades of 2012. can it continue to make shareholders smile in the new year? we'll show you what it is and how to play it. we'll also trade a little mobile payments i think when we come back. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national let
half as the economy teethers on the edge of the fiscal cliff we have the trade you need to make if washington sends us over. we'll zero in as well on one of the best trades of 2012. can it continue to make shareholders smile in the new year? we'll show you what it is and how to play it. we'll also trade a little mobile payments i think when we come back. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your...
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Dec 1, 2012
12/12
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KNTV
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for this one, colorado and washington just voted to legalize marijuana. [ cheers and applause ] so, in honor of that -- >> woo! [ laughter ] >> jimmy: well, that's why she can't run for president. yeah, yeah, yeah. i think we're starting to see one of those skeletons right there. in honor of that, can you guys do, like, a jam band style? like a phish type of thing? ♪ ♪ yeah yeah my friend audra sometimes she wears black i asked if she would ♪ ♪ ever run for president like barack she said there'd be too much gossip ♪ ♪ her husband's got skeletons in the closet ♪ ♪ and if she ran for president it may knock 'em out ♪ ♪ that would be why colorado ♪ ♪ colorado [ cheers and applause ] >> jimmy: that's what i'm talking about right there. thank you, pal. >> thank you. >> jimmy: thank you, buddy. nice to meet you. >> thank you. you, too. >> jimmy: let's go. i'm gonna through here. i'm gonna cut through. i'm gonna cut through, if you don't mind. how you doing? hey, guys. how are you? how you doing? excuse me. [ laughter ] sorry. you just imagine me at the movie theater. s
for this one, colorado and washington just voted to legalize marijuana. [ cheers and applause ] so, in honor of that -- >> woo! [ laughter ] >> jimmy: well, that's why she can't run for president. yeah, yeah, yeah. i think we're starting to see one of those skeletons right there. in honor of that, can you guys do, like, a jam band style? like a phish type of thing? ♪ ♪ yeah yeah my friend audra sometimes she wears black i asked if she would ♪ ♪ ever run for president like...
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Dec 14, 2012
12/12
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FBC
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so is the market's portion of politicians in washington. that could be one way you may get a deal sooner than later. lou: i don't know which way to cross my fingers for in that deal. thank you for being here. we appreciated. up next, one of syria's biggest supporters committing the murders rain is at an end. straight ahead, we have had our differences with the epa. well, we are not here to tell you that we have back catch them all up. the latest power grab a cpa in charge of mother nature, and it could force you and other taxpayers to simply forfeited your home. our report next. ♪ ♪ lou: more red tape. the associated press reported the obama administration is quietly rolling out dozens of major new regulations now that the election and campaign scrutiny is over as if it were ever very, well, powerful. covering everything from greenhouse gas emissions to oil drilling to wall street. one of the more controversy regulations requiring all new cars to have black boxes beginning in 2014. supporters say those data recorders we will help determ
so is the market's portion of politicians in washington. that could be one way you may get a deal sooner than later. lou: i don't know which way to cross my fingers for in that deal. thank you for being here. we appreciated. up next, one of syria's biggest supporters committing the murders rain is at an end. straight ahead, we have had our differences with the epa. well, we are not here to tell you that we have back catch them all up. the latest power grab a cpa in charge of mother nature, and...
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Dec 7, 2012
12/12
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FOXNEWS
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joining us now from washington to analyze both situations ms. laura ingraham. >> i have to put down my cell phone, hold on, go ahead. >> bill: thank you, ms. laura, i appreciate it? >> you get mad when i could that. >> bill: if you get a call during the segment. >> i have it on vibrate you get so mad. i don't know why you would get mad at that. >> bill: why would i get upset. >> three warnings before the segment turn off your cell phone, ingraham i have been warned five times it's off. >> bill: what did you think. >> i was amazed he came on. i have always liked him. i'm a big fan of his. he has incredible knowledge of sports. i love listening to him and football games. you know, he he is terrific. i tend to think that football and baseball and sports in general is one of the last bass bassians of politics-free environment. i'm a big football fan. i was cheering for alabama this weekend. we love rg in washington. but i don't really need to hear the politics in the football. obviously i'm a big, you know, second amendment person. i mean, i have am
joining us now from washington to analyze both situations ms. laura ingraham. >> i have to put down my cell phone, hold on, go ahead. >> bill: thank you, ms. laura, i appreciate it? >> you get mad when i could that. >> bill: if you get a call during the segment. >> i have it on vibrate you get so mad. i don't know why you would get mad at that. >> bill: why would i get upset. >> three warnings before the segment turn off your cell phone, ingraham i have...
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Dec 21, 2012
12/12
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FOXNEWSW
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what should washington be doing? newt gingrich has been there before and he has some ideas this morning. >> brian: storm system dumping tons of snow, stranding holiday passengers passengers and delaying packages. look how bad the storm could get. >> steve: so many movie, so little time. which ones are worth your ten bucks this christmas? that's just for the ticket. not counting the popcorn. we're making it easy. we'll tell you the ones to see and the ones to avoid. "fox & friends" hour two for the friday before christmas starts right now. ♪ bells on bob tail ring ♪ making spirits bright ♪ what fun it is to ride and sing a sleighing song tonight. ♪ snot jingle bells, jingle bells ♪ ♪ jingle all the way ♪ . >> alisyn: this morning, we need him. he is such an icon on the streets of providence, rhode island. he's been dancing there for decades. i remember when i was a reporter in providence, he was always the talk of the town. >> steve: if you're going to get a ticket, you want it from tony. he's been on th
what should washington be doing? newt gingrich has been there before and he has some ideas this morning. >> brian: storm system dumping tons of snow, stranding holiday passengers passengers and delaying packages. look how bad the storm could get. >> steve: so many movie, so little time. which ones are worth your ten bucks this christmas? that's just for the ticket. not counting the popcorn. we're making it easy. we'll tell you the ones to see and the ones to avoid. "fox &...
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Dec 26, 2012
12/12
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CNNW
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i hope the store of sandy hook elementary finally cattle kizes our nation and our leaders in washington to commit to do something substantive regarding gun roll and access to mental health care services to those who desperately need it. we'll be right back. what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to
i hope the store of sandy hook elementary finally cattle kizes our nation and our leaders in washington to commit to do something substantive regarding gun roll and access to mental health care services to those who desperately need it. we'll be right back. what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but...
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Dec 22, 2012
12/12
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CNNW
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unfortunately, washington is getting in the way. what we found out this week, ali, is the problem is not just a lack of trust between democrats and republicans, we found out the republicans themselves can't unite, which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the private sector will become more cautious, will hire less, will invest less, which means that our economic growth will slow down and our unemployment rate will stop going down as fast. >> you know, we're just starting to get some traction here. we really want to keep this going. mark, let me ask you. the economy is doing belter than expected. no question. the revisions to a lot of numbers are looking better. housing is coming back. take a look at that. the median price of an existing home shot up 10% in november year over year. six months of home values going up in a row. a lot of americans build their wealth through their homes. higher home values means more confidence going towaforwar
unfortunately, washington is getting in the way. what we found out this week, ali, is the problem is not just a lack of trust between democrats and republicans, we found out the republicans themselves can't unite, which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the private sector will become more cautious, will hire less, will invest less, which means that our economic growth will slow down and our...
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Dec 12, 2012
12/12
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FBC
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eye 87
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when anyone in washington d.c. at the fed or the white house or in congress or the senate thinks he or she knows best we already have of problem because this is supposed to be a government of consensus and direction that is empirically based, operating for two goals, the national interest and the common good. melissa: i thought the role of the fed was to keep money sound, to keep the monetary system roll along. lou: so modern, so forward looking. there is something nostalgic in what you say because we have moved well beyond that. this fed right now is in charge of our fiscal future. melissa: these things as our guests have expressed that the economy needs to have the fed do what has been doing to going? lou: ben bernanke has been the essential actor of the last four years because we have had such inadequate leadership from the white house, such inadequate imagination and public policy direction, principal or otherwise partisan or otherwise creative or otherwise, that without him not much would have happened and tha
when anyone in washington d.c. at the fed or the white house or in congress or the senate thinks he or she knows best we already have of problem because this is supposed to be a government of consensus and direction that is empirically based, operating for two goals, the national interest and the common good. melissa: i thought the role of the fed was to keep money sound, to keep the monetary system roll along. lou: so modern, so forward looking. there is something nostalgic in what you say...
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Dec 7, 2012
12/12
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WTTG
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. >>> a warning this morning to students and staff at george washington university after there is an attempted sexual assault and series of burglaries on campus. police have released surveillance photo of two suspects they say told laptops from dorm rooms. >>> some same-sex couples in maryland are one step closer to getting married. law will not take effect until january 1st. clerks began issuing licenses thursday. karen gray houston has a closer look. >> reporter: meet karen preening, resident of potomac, general manager of a furniture store. she thought this day would never come. >> so excited. i cannot believe this day is here. i cannot believe it. >> reporter: her long-time partner of 29 years shuns the spotlight and doesn't want to be identified. >> there is prejudice. people don't believe in who we are and what we stand for. unfortunately, they don't want this to happen. but the people of maryland have spoken. >> reporter: a majority of maryland vote are approved question six on the ballot in favor of same-sex marriage effective january 1st. governor martin o'malley signed a pr
. >>> a warning this morning to students and staff at george washington university after there is an attempted sexual assault and series of burglaries on campus. police have released surveillance photo of two suspects they say told laptops from dorm rooms. >>> some same-sex couples in maryland are one step closer to getting married. law will not take effect until january 1st. clerks began issuing licenses thursday. karen gray houston has a closer look. >> reporter: meet...
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Dec 16, 2012
12/12
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FBC
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what are theyreally looking at in washington? how close are we to something? how close are we to something? rich edson on top of this like [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. ye, i'm kind of a bideal. [sigh] it feels good to help people save... with great discounts likee safe driver, multicar, and multipolicy. 731, 732... you want my number, don't you? call 1
what are theyreally looking at in washington? how close are we to something? how close are we to something? rich edson on top of this like [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business...
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Dec 19, 2012
12/12
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CNBC
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now back to washington d.c. whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is an economy. i would put p it into one perce and you hear people talk about the numbers. but underneath the numbers you have to worry about the quality of the policy. it is the worst way to raise revenue, and that is attribute to the fact that the politics are trumping the politics right now. >> in economic turns if you put a 39.6% tax rate on millionaires and above, if you do that, would that be the least ownerous thing you have heard so far? >> i think the goal should be, the least we've seen so far. but it didn't get a g
now back to washington d.c. whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is...
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Dec 27, 2012
12/12
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CNNW
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president obama is rushing back to washington. the question is what kind of reception will he get from the lawmakers he has been negotiating with. >> we have our political insiders coming up. santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s beam. on the galaxy siii and note ii. for a limited time get two flip covers for the price of one. exclusively at verizon. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're bett
president obama is rushing back to washington. the question is what kind of reception will he get from the lawmakers he has been negotiating with. >> we have our political insiders coming up. santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s beam. on the galaxy siii and note ii. for a...
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103
Dec 22, 2012
12/12
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FBC
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washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and fure out a passport. he said he is ready and willing to try to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays,and congress is out for the holidays. the president saying that putting pressure began on republicans, house republicans, to least extend ta cuts for the middle class. that would be the step by scratch in transit approach and he is speaking to constituents back home who he hopes will give feedback to members of congress while they are there for the holiday ttry to get them to agree or get back to the table to negotiate something. gerri: if it were up to me, i say that they work until they get th
washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and fure out a passport. he said he is ready and willing to try to get a compromise package done. all at once or stuff like that. but we'll have to...
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113
Dec 10, 2012
12/12
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FBC
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he said he was going to change washington. he was going to change this cozy relationship between business and himself. sandra: but he said he can't change washington from the inside. so he's changed his mind on quite a few things since then. and remember, this is -- we were talking about this during the break, this is what we have seen in the past. this is no different. individuals, 250,000 compared the corporations a million dollars, but remember this s because all the big bucks that were spent during the election. stuart: would you rather have the taxpayer pay for the inauguration or corporations? sandra: absolutely not. i would obviously like the corporations to pay for it. >> what about the extra money he had from his campaign? does he have any extra cash or how about some of our extra stimulus money? we already paid for stuff that we don't need to use. let's funnel that over. stuart: this is a difficult story because we have another record high for food stamp recipients, 47.7 million people on food stamps in september. by
he said he was going to change washington. he was going to change this cozy relationship between business and himself. sandra: but he said he can't change washington from the inside. so he's changed his mind on quite a few things since then. and remember, this is -- we were talking about this during the break, this is what we have seen in the past. this is no different. individuals, 250,000 compared the corporations a million dollars, but remember this s because all the big bucks that were...
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Dec 22, 2012
12/12
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>> a here in washington has been a major impediment and a lot of people believe that nobody should be treated involuntarily. well, that flies in the face of the fact that we treat people with active tuberculosis involuntarily when they won't take medicine. we also restrict people who have alzheimer's disease and don't know they're sick. so, we do this for other conditions, but we have a lot of trouble thinking through this clearly for people with severe mental illness. >> paul: you mentioned in your op-ed for us, the number of activity psychiatric beds has declined from more than half a million to fewer than 50,000. i guess this is part of that movement you're describing against incarcerating the mentally ill, but you're saying that that decline in those beds has endangered the american public? >> it has, because if you try to get somebody who needs hospitalization into a hospital today, it's virtually impossible. as one of my colleagues says, it's easier to get somebody into harvard than it is a mental hospital. we have only one out of the 20 beds that we had 50, 60 years ago, given
>> a here in washington has been a major impediment and a lot of people believe that nobody should be treated involuntarily. well, that flies in the face of the fact that we treat people with active tuberculosis involuntarily when they won't take medicine. we also restrict people who have alzheimer's disease and don't know they're sick. so, we do this for other conditions, but we have a lot of trouble thinking through this clearly for people with severe mental illness. >> paul: you...
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686
Dec 18, 2012
12/12
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WRC
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some more news out of washington. it's rumored that john boehner and president obama are considering a partial deal to avoid the fiscal cliff at the end of the year. it's rumored that a partial deal is being considered. [ light laughter ] or to put that in layman's terms, "oh, we're going to go off this cliff. [ laughter ] oh, yes." check this out -- abc is working on a new show inspired by justin bieber's life before he got famous. [ audience boos ] it makes sense. i mean, there's just so much we don't know about that week. [ laughter ] [ cheers and applause ] >> steve: come on. >> jimmy: some international news today. north koreans celebrated the one year anniversary of kim jong-un taking power with a big rally. kim jong-un was like, "you shouldn't have." while north koreans were like, "you made us." [ laughter ] you guys, christmas is right around the corner. [ cheers and applause ] so psyched. but, it means that this saturday is expected to be the second busiest shopping day of the year. or as mall bathrooms put i
some more news out of washington. it's rumored that john boehner and president obama are considering a partial deal to avoid the fiscal cliff at the end of the year. it's rumored that a partial deal is being considered. [ light laughter ] or to put that in layman's terms, "oh, we're going to go off this cliff. [ laughter ] oh, yes." check this out -- abc is working on a new show inspired by justin bieber's life before he got famous. [ audience boos ] it makes sense. i mean, there's...
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until we get a clearer signal out of washington. >> yes. and i think we're going to see this narrow trading range. if there's no resolution, i think the market might react negatively. but i think that's a short-term negative term. but i do think that's a negative possibility. and i do think there's a possibility nothing will come out. >> meantime, the economic reports coming out starting to soften a bit here. do you make of that? >> it's not surprising. i don't think the economy is strong enough to have continued quarterly increases. i think we're going to see this probably for the next six months. you're going to have some good reports. jobless claims will probably get better going fod.
until we get a clearer signal out of washington. >> yes. and i think we're going to see this narrow trading range. if there's no resolution, i think the market might react negatively. but i think that's a short-term negative term. but i do think that's a negative possibility. and i do think there's a possibility nothing will come out. >> meantime, the economic reports coming out starting to soften a bit here. do you make of that? >> it's not surprising. i don't think the...